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Shares of General Mills Shake Off Weaker than Expected Results

August 19, 2023
in Trade Tube
Reading Time: 1 min read
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Shares of General Mills are climbing on Wednesday, shaking off the company’s fiscal third-quarter results that missed Wall Street expectations. General Mills reported adjusted earnings of 62 cents a share, below analyst expectations of 64 cents a share, according to Thomson Reuters. The food products company attributed the weaker-than-expected results to the harsh winter weather. Looking ahead, General Mills said it still expects to earn between $2.87 and $2.90 a share in fiscal 2014.

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